SpaceX’s public debut in June gave investors a new yardstick for how fast a space-linked stock can move, in both directions. Since then, shares of newer space companies have swung hard around SpaceX’s latest report.
Yahoo Finance reported on October 21 that SpaceX opened with its biggest jump since the debut, after third-quarter revenue and profit beat Wall Street estimates. The company’s AI business now brings in nearly half of its sales.
Space Stocks Rally, Then Give It Back
The move spread beyond SpaceX itself. Intuitive Machines and Firefly Aerospace led the group higher that morning, while Rocket Lab and AST SpaceMobile trailed, according to Yahoo Finance. The typical newer space stock had fallen about 26% in October up to that point. Jared Blikre, Yahoo Finance’s global markets and data editor, noted that earlier share unlocks had barely dented SpaceX, and that holding above $150 through the next one would show buyers absorbing the new supply comfortably.
Readers who follow this corner of the market can find more small names in our list of penny stocks tipped to climb in 2026.
The gains did not last. Yahoo Finance said on October 23 that a Thursday sell-off wiped out Wednesday’s 9% jump, as worries grew that the AI trade had run ahead of itself. Another large batch of insider shares had also become eligible for sale.
A Tesla Tie-Up Could Reshape Musk’s Orbit
Elon Musk said on the earnings call that SpaceX and Tesla have each formed special committees of independent directors to study a combination, and that he cannot take part in the decision as a conflicted party, Yahoo Finance reported. Gene Munster of Deepwater Asset Management puts the odds of a deal within two years at 95%. A merged company would be worth about $3.5 trillion.
Starlink drives the numbers. Connectivity revenue rose 69% to $5.2 billion, and President Gwynne Shotwell said the service added 1.6 million subscribers in the quarter. Bloomberg reported that SpaceX is seeking to lease space on 80,000 US cell sites to build a terrestrial network, and is in talks with Crown Castle and American Tower.
For a look at how the smaller rival compares, see our piece on how SpaceX stacks up against Rocket Lab.
Spending is rising too. Chris Versace of Tematica Research wrote on October 21 that SpaceX’s plan to spend $35 billion to $40 billion in the fourth quarter points to a new and higher level of capital spending than the market expected. He noted that a $63 billion backlog supports it.
Photo by Arturo Añez on Unsplash
Our Methodology
To compile this list, we reviewed Stock Gumshoe’s analyses of stock teasers from newsletter publishers such as Agora and Stansberry over the past three months. We tallied how often each revealed stock was teased, focusing on promotions that hinted at potential 10x or 100x returns. We picked the 10 most-teased and ranked them in ascending order of upside potential, as of November 4, 2026. We also list hedge fund holders as of Q2 2026 from our database of over 1000 hedge funds. These stocks are also popular among elite hedge funds that we track.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Insider Monkey’s quarterly newsletter strategy selects 14 small-cap and large-cap stocks every quarter and has returned 599.2% since May 2014, beating its benchmark by 372 percentage points (see more details here).
10 Stocks That Could Skyrocket in 2027
10. Ormat Technologies (NYSE:ORA)
Average Upside Potential: 27%
Number of Teases: 1
Number of Hedge Fund Holders: 32
A drilling project in Utah sits at the center of Dylan Jovine’s pitch for Ormat Technologies, and he argues early buyers could see gains of 1,000% or more. Jovine, who writes the Behind the Markets newsletter, points to a Department of Energy drilling effort that Google, Berkshire Hathaway and the Pentagon have all backed with money. Ormat is the company he says stands at the center of it.
Ormat designs and builds geothermal and recovered-energy power plants in more than 30 countries and operates plants of its own, including in Kenya, Guatemala and the United States. Jovine’s ad says revenue just reached $990 million, close to $1 billion for the first time, with management guiding to more than $1.1 billion next year. It adds that energy storage sales more than doubled in a quarter and that the backlog of signed but undelivered contracts jumped nearly 80%.
He also notes that Ormat won exclusive rights this year to build the first commercial plant using a next-generation technology backed by Meta. Our earlier reporting on what Google’s Fervo deal could mean for geothermal gives the wider picture.
9. TransMedics Group (NASDAQ:TMDX)
Average Upside Potential: 34%
Number of Teases: 1
Number of Hedge Fund Holders: 33
Emmet Savage of MyWallSt calls TransMedics the third of his three potential 100-baggers, and says the company has built something close to a monopoly on keeping human organs alive for transplant. His pitch, delivered alongside Porter Stansberry, centers on a machine that replaces the 50-year-old ice-bucket method for moving donor organs.
TransMedics sells separate portable systems that keep a heart, lungs or a liver working outside the body, with a kidney system heading into clinical trials. Savage says revenue is growing 100% while the rest of the medical sector is flat. He points out that the company flies organs on its own fleet of aircraft, which he sees as a second business sitting on top of the devices.
The argument is that this combination of devices and logistics works as a high-margin engine that is quietly taking over a $10 billion industry. Savage says the company has no competition in the FDA-approved market for these systems. Once more investors notice how hard that position would be to copy, he thinks the stock could become a massive winner. He describes it as a business that has essentially built a monopoly on life itself.
8. Lemonade (NYSE:LMND)
Average Upside Potential: 34%
Number of Teases: 1
Number of Hedge Fund Holders: 29
Insurance is the one industry Porter Stansberry says he knows better than almost anyone on Wall Street, and he told Emmet Savage that Lemonade is compelling and that he had not found it himself. Savage’s MyWallSt service pitches the company as the first of three potential 100-baggers, and he says he is investing heavily with his own cash.
Savage describes an AI-first insurer that grew revenue 53% over the past year and went from 1 million to 3 million customers in record time. He says its models bring software-like efficiency to a multi-trillion-dollar industry that is still stuck in the past, and that the flywheel of new customers keeps spinning faster. The stock is one of the picks in Savage’s Nova advisory service.
The stock dipped this year along with most others, then jumped almost 30% in a single month, which Savage reads as investors noticing the mistake. He says the company could become the biggest winner of the next decade while almost nobody is paying attention to it. Revenue has grown 50.72% a year over the past five years.
7. ON Semiconductor (NASDAQ:ON)
Average Upside Potential: 36%
Number of Teases: 1
Number of Hedge Fund Holders: 86
Robots need tiny motors in every arm, leg and finger, and Jeff Brown argues ON Semiconductor makes the chips that control and deliver power to them. Brown, who writes the Near Future Report, pitches the company as the top stock for what he calls the manifested AI revolution, tied to Tesla’s Optimus robot.
His case is that ON’s technology moves power to a robot’s motors far more efficiently than ordinary chips, which helps Optimus move smoothly, stay cool and run longer between charges. The company also makes the sensors that robots use to see and feel their surroundings, and Brown says it could supply those too. He adds that Morgan Stanley recently named the stock as one of the key ways to play the robotics trend.
Brown first pitched the stock in mid-2025 as his robotics idea and has returned to it since, presenting it as the low-profile name behind one of Elon Musk’s biggest bets. How ON Semiconductor’s moat may be changing is the question we asked in a recent analysis. Brown’s special report on the stock is titled around Musk’s moonshot for the manifested AI revolution.
6. Alphabet (NASDAQ:GOOGL)
Average Upside Potential: 37%
Number of Teases: 1
Number of Hedge Fund Holders: 275
A stock the size of Alphabet is an unlikely target for a promoter, but Marc Chaikin built a 100X starburst pitch around it. The creator of the Power Gauge Report calls it his single highest-conviction pick for the age of frontier AI, a candidate for a historic starburst, and says it could unlock far more value than DowDuPont and GE combined did.
Chaikin argues the company is a conglomerate hiding three world-class businesses inside one stock. YouTube already has a streaming service that eclipses Netflix, he says, Waymo runs circles around Tesla in autonomous driving, and Google Cloud is growing faster than Amazon Web Services.
On top of that, Chaikin points out that the company is a meaningful investor in both SpaceX, already public, and Anthropic, whose listing is still anticipated. That gives shareholders a stake in the AI buildout and in Elon Musk’s rocket business at the same time. It is the final buy on Chaikin’s frontier AI hotlist, and he describes it as the best investment anyone can make right now. We recently weighed what Waymo could be worth to Alphabet in a valuation analysis.
5. Navitas Semiconductor (NASDAQ:NVTS)
Average Upside Potential: 44%
Number of Teases: 1
Number of Hedge Fund Holders: 33
Mark Skousen’s pitch for Navitas starts with the part of an AI chip most people never think about: the second chip that sits beside the processor and delivers electricity in tiny, precise doses thousands of times a second. Skousen, who runs the Skousen Wealth Network, says Navitas makes that chip from materials other than silicon and holds more than 300 patents on it.
His strongest point is that Nvidia picked Navitas to help power its next generation of AI systems, including the 800-volt designs that future chips will need. Skousen calls it a new and improved non-silicon chip, and says the same technology fits what Elon Musk will need for satellites, robotics and supercomputers, and he included the stock in a trio of picks tied to a possible SpaceX and Tesla merger.
Of those three, he says Navitas may have the biggest upside, and he writes that it could rise as much as 1,000% in the years ahead. He notes the company is still a thousandth of Nvidia’s size. We covered Navitas’ Army award and its push into ultra-high-voltage chips in a recent piece.
4. STMicroelectronics (NYSE:STM)
Average Upside Potential: 52%
Number of Teases: 2
Number of Hedge Fund Holders: 75
Two newsletter writers have pitched STMicroelectronics in recent months as the quiet supplier behind Elon Musk’s satellites. James Altucher says Musk and the chip company jointly designed a system already running in 10,000 satellites, and that it will end up in 100 times more once Musk reaches his goal. The supplier has worked with Musk for about a decade, Altucher adds, has made more than 5 billion chips for him and now turns out 5 million a day. He also notes shares trade for less than $100.
Jeff Brown makes a similar argument. He says SpaceX President Gwynne Shotwell has acknowledged the company’s importance, and that Musk’s plan to launch a million AI satellites could add tens of billions of dollars to its sales. Brown adds that the chips come from a special factory more than 5,000 miles from Silicon Valley.
The numbers behind the story are already moving. Space revenue grew to roughly $600 million in 2025 and is projected to come close to $1 billion in 2026, mostly from Starlink satellites and ground stations. Our take on whether STMicroelectronics looks like a buy heading into earnings covers the setup.
3. Rocket Lab (NASDAQ:RKLB)
Average Upside Potential: 91%
Number of Teases: 1
Number of Hedge Fund Holders: 52
The competitor to SpaceX that almost nobody is paying attention to, Emmet Savage says, is Rocket Lab, which he calls the second of his three potential 100-baggers. His MyWallSt pitch, made with Porter Stansberry, argues that the market is chasing SpaceX while this smaller company posts record numbers and works to corner a segment of the space industry.
Savage points to $602 million in revenue last year and a $2 billion backlog of signed business. Rocket Lab has completed 21 launches with a 100% success rate, he says, and recently won its largest launch contract, a $190 million deal with the Department of Defense to fly hypersonic missiles. He sees the company becoming essential infrastructure for the emerging space economy. Over the past five years, revenue has grown 76.47% a year.
The next catalyst, in his telling, is the company’s next-generation rocket reaching the launch pad this year, which he says could send the stock vertical. He says the record revenue and the defense deal show a business already delivering. We examined Rocket Lab’s 20 launches booked through 2031 in a recent article.
2. Intuitive Machines (NASDAQ:LUNR)
Average Upside Potential: 188%
Number of Teases: 1
Number of Hedge Fund Holders: 33
Dylan Jovine pitches Intuitive Machines as the moon’s phone company, and says the stock has 1,000% potential. His ad for Behind the Markets promises a second wave of space millionaires, and the company at the center is the one NASA picked to build a communications network around the moon.
The contract covers a five-satellite constellation that will give round-the-clock communications and navigation around the lunar south pole, where NASA aims to land astronauts in early 2028. It runs five years and can be extended for five more, with a maximum value of $4.82 billion. Most of that would be earned by charging for minutes of network access. It can also sell any spare capacity to commercial customers.
Jovine compares the setup to American Tower during the growth of mobile telecom, or RCA in the early days of radio: a company that owns the network everyone has to use. The first satellite is due to launch later this year, on the same mission as the company’s third lunar lander. Intuitive Machines’ push into satellite communications is covered in one of our recent articles.
1. Cerebras Systems (NASDAQ:CBRS)
Average Upside Potential: 188%
Number of Teases: 2
Number of Hedge Fund Holders: 78
The biggest claim in Jeff Brown’s pitch for Cerebras is a technical one: its patented chip, he says, can produce intelligence up to 1,000 times faster than regular AI. Brown says the biggest AI players are rushing to sign licensing deals, and that the company is sold out into 2027 with a $24 billion order backlog.
In an October event with Whitney Tilson, the two described a new chip 144 times more powerful than one from Qualcomm and 50 times more powerful than one from Nvidia. The pitch first ran before Cerebras went public, when the plan was to buy at the offering. Brown ties the story to Elon Musk’s Terafab chip plant in Texas, and says the stock is the size Nvidia was in 2016, before it jumped 37,800%.
Brown and Tilson say gains of 1,000% or more are possible as the AI trade rotates toward fast, efficient inference, the work of running trained models. Its next earnings report is the next test for those claims. For a recent look at the company’s order book, see whether Cerebras can turn its $25.4 billion backlog into high-margin growth.
READ NEXT: Jim Cramer Says Cerebras (CBRS) Is a Good Company and Too Expensive a Stock and Amazon vs. Alphabet: Is GOOGL’s Cloud Growth Being Undervalued?
